CHAPTER I
EXECUTIVE SUMMARY
A. DESCRIPTION OF THE PROJECT
The CLICK ’N’ CONNECT: Peso Wi-Fi Vending Machine Services is a
service that provides internet connection throughout its covered area. The Peso
Wi-Fi vending machine is a type of vending machine that provides access to Wi-
Fi or internet connectivity in exchange for a fee. This will be located inside the
campus of General Santos Academy Inc. at Barangay Lumakil, Polomolok, South
Cotabato, Along National Highway, 9504 which is owned by four private
individuals. It is a service business that offers budget-friendly internet
connections that are accessible to all students, teachers, and other employees
inside the campus. With the increasing reliance on the Internet for various tasks
and activities, the demand for Wi-Fi connectivity is growing. Wi-Fi vending
machines aim to offer a convenient solution for people to access the internet
when they are on the move or in locations with limited access.
Peso Wi-Fi vending machine aims to help those students who struggle to
access the internet connection inside the campus. This provides a way for the
customers to browse all online platforms that will be helpful to them. Instead of
having a load for three days especially those people had a Wi-Fi inside their
home, having this Peso Wi-Fi vending machine it offers them an alternative to
spend less on load when they are inside the campus. The school already
provides free internet connection to all students. However, the time and the
capacity to use the internet are only limited. The machine offers a user-friendly
experience, allowing individuals to purchase affordable and time-limited access
to high-speed internet with ease. It incorporates secure payment options and
real-time monitoring for efficient management. This project represents a
significant step towards democratizing internet access and fostering digital
inclusion.
B. BRIEF PROFILES OF THE ENTREPRENEURS
The CLICK ’N’ CONNECT: Peso Wi-Fi Vending Machine Services will be
owned by General Santos Academy, Inc., And managed by four private
individuals namely Armando S. Abordo Jr., Edilberto B. Bercilla Jr., Realyn G.
Asucido, and Charlene A. Redira who are current students of General Santos
Academy, Inc. taking up Bachelor of Science in Management Accounting.
They were inspired to start this business in order to change the
perspective of the teachers and other employees of the school, who believe that
surfing and playing through internet is more enjoyable when you experience no
lag and affordable internet services. They gathered information and conducted
research on how to provide the fastest and most effective and easy access
internet provider services. Despite their lack of experience in the business world,
they are all passionate and determined enough to take the risk and benefit from
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the success of the business. Being Management Accounting students, they have
sufficient knowledge and abilities in establishing a service business.
C. PROJECT CONTRIBUTION TO THE LOCAL
The Wi-Fi Vending Machine project is an innovative initiative aimed at
contributing to the local community by providing affordable and accessible
internet connectivity. In today’s digitally driven world, internet access has become
a fundamental necessity, and this project seeks to address the connectivity gap
by introducing a novel solution: Wi-Fi vending machines. Peso Wi-Fi vending
machines have made a substantial contribution to the local community in various
ways. Firstly they have democratized internet access, allowing even those with
limited resources to connect to the digital world. This inclusivity has empowered
students to access online education, job seekers to search for employment
opportunities, and small business owners to expand their reach through online
marketing.
As a result, the digital divide within the local community has been bridged,
creating more opportunities for personal and economic growth. Peso Wi-Fi
vending machines have boosted the local economy. Entrepreneurs and small
business owners have capitalized on these machines to start profitable ventures.
By offering affordable internet access to customers, these entrepreneurs not only
generate income but also attract foot traffic to their establishments, benefiting
other local businesses in the vicinity. Moreover, the increased internet usage has
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facilitated online transactions, contributing to the growth of e-commerce and
digital payment systems in the local economy. Overall, peso Wi-Fi vending
machines have become a catalyst for positive change, fostering connectivity and
economic development within the community.
D. PROFITABILITY
One factor that affects the profitability of Peso Wi-Fi vending business is
the strength of the signal, because the internet provider may have trouble or
issue regarding their network which can affect our business and also those
clients who rely in their network services. If you are thorough in running your
business, you can easily reach a profit margin of 5% to 10%. It will usually start
within two months operation of the business and from that, it has the potential to
grow into a larger profit with a lesser expense if things are followed through well.
E. GREEN MARKETING
In a world driven by connectivity, Wi-Fi is the lifeline that keeps us all
connected. At CLICK ’N’ CONNECT, we believe in not only providing seamless
internet access but also in taking responsibility for our environment. Introducing
our Wi-Fi Vending Machine:
A revolutionary product that combines convenience, sustainability, and
connectivity. This Peso Wi-Fi Vending Machine offers a friendly environment as it
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is uses energy efficient materials, it uses LED lighting and energy saving
components to reduce the power consumption which is good to our environment
and also this machine has a lower carbon footprints and low-emission
components compared to the traditional vending machine. This machine also
uses a recycled material that helps the environment sustain its cleanliness. This
vending machine also provides trash bins will help maintain the cleanliness of its
covered area. It also promotes eco-friendly practices, such as turning off their
devices when not in use or conserving data.